Remember that credit is money.
What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory loans. While the bankers wear three piece suits and don't break the knee caps of those who can't pay back, they still are destroying people's lives.
If credit unions can grow and prosper with a 15 percent cap, so can banks.
Former Senator Al D'Amato in 1991 offered an amendment to cap credit card interest rates at 14 percent.
Citigroup, Bank of America, and JP Morgan Chase should not be permitted to charge consumers 25 to 30 percent interest on their credit cards, especially while these banks received over $4 trillion in loans from the Federal Reserve.
The Federal Reserve has the responsibility to protect the credit rights of consumers.
The fundamental defect of fathers, in our competitive society, is that they want their children to be a credit to them.
Ability is the art of getting credit for all the home runs somebody else hits.
When you are younger you get blamed for crimes you never committed and when you're older you begin to get credit for virtues you never possessed. It evens itself out.
Any man may be in good spirits and good temper when he's well dressed. There ain't much credit in that.
Credit is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay.
I get a lot of credit for comb overs. But it's not really a comb over. It's sort of a little bit forward and back. I've combed it the same way for years. Same thing, every time.
Friendship, like credit, is highest when it is not used.
We are not to give credit to the many, who say that none ought to be educated but the free; but rather to the philosophers, who say that the well educated alone are free.
I think that people in their 20s actually aren't given enough credit for their ambition.
